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On 12 November 2025, Amlak Finance P.J.S.C held a board meeting from 3:00 PM to 4:00 PM. Five board members were present, achieving a quorum of 71%. The meeting resulted in the approval of the financial statements for the third quarter ending 30 September 2025, and the board discussed routine business matters. The authorized signatory for the meeting was Lama Takieddin, Head of Corporate Governance and Company Secretary.
On 2 November 2025, Hamed Ahmed Ali, CEO of the Dubai Financial Market, announced the successful completion of the institutional book-building process for the IPO of 30% of Amanat Holdings PJSC's wholly-owned indirect subsidiary, Almasar Alshamil Education Company, on the Tadawul. The IPO was oversubscribed by 102.9 times. The final offer price was set at SAR 19.5 per share, leading to a total offering size of SAR 599 million and a market capitalization of SAR 1,997 million at listing. The offering period for individual subscribers is scheduled from 18 to 20 November 2025. All net proceeds from the offering will be paid to the selling shareholder and ultimately to the company. Further details can be found at https://masareducation.com/IPO.
The text is a formal announcement addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, from Al Firdous (P.J.S.C.). It informs him about the results of the company's Board of Directors' meeting held on November 12, 2025. During the meeting, the board discussed the Audit Committee's recommendations regarding the company's financial statements for the second quarter ending on September 30, 2025. The board decided to adopt these preliminary financial statements and authorized Sheikh Khaled Zayed S. Al Nahayan, the Chairman, to sign and disclose them. The announcement is also copied to the Security and Commodities Authority.
Dubai Electricity and Water Authority PJSC (DEWA) reported record-breaking financial results for the first nine months of 2025, with revenue reaching AED 25 billion and an operating profit of AED 8.3 billion. This marks the strongest financial performance in the company's history, with revenue, EBITDA, and net profit each surpassing the previous year's figures by AED 1.3 billion. Cash from operations exceeded AED 15 billion, and AED 3.1 billion was paid as dividends to shareholders on October 29, 2025. For the nine months of 2025, revenue was AED 24.9 billion, EBITDA was AED 13.1 billion, operating profit was AED 8.3 billion, and profit after tax was AED 6.8 billion, all showing significant year-on-year growth. The third quarter of 2025 also saw record results, with revenue of AED 10.3 billion, EBITDA of AED 6.2 billion, operating profit of AED 4.6 billion, and profit after tax of AED 3.9 billion, all reflecting substantial year-on-year increases. DEWA remains committed to innovation and sustainability, guided by the vision of the UAE's leadership.
The document is the condensed consolidated interim financial information of Dubai Electricity and Water Authority PJSC and its subsidiaries for the nine-month period ending on September 30, 2025. This financial information is unaudited.